MC= 3x + 20 and MR= 44 – 5x where x is the number of units produced and sold, and the cost of production of 80 units is $11,400, find the total cost and the total revenue functions. 2 : Find the profit (or loss) at this level. At what value of x is the profit maximized.
MC= 3x + 20 and MR= 44 – 5x where x is the number of units produced and sold, and the cost of production of 80 units is $11,400, find the total cost and the total revenue functions. 2 : Find the profit (or loss) at this level. At what value of x is the profit maximized.
College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter4: Polynomial And Rational Functions
Section4.1: Quadratic Functions
Problem 6SC: A company that makes and sells baseball caps has found that the total monthly cost C in dollars of...
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- If MC= 3x + 20 and MR= 44 – 5x where x is the number of units produced and sold, and the cost of production of 80 units is $11,400, find the total cost and the total revenue functions.
2 : Find the profit (or loss) at this level. At what value of x is the profit maximized.
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